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(INDB) Independent Bank complete technical analysis [charts+indicators] | Buy/Sell Independent Bank | (INDB) share price targets

Complete technical analysis of Independent Bank (INDB) by charts plus indicators, forecast predictions and share price targets for Independent Bank (INDB)

Independent Bank trades in USA in Finance sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Independent Bank is 304780

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	49.93	48.67	50.45	48.67	4.277 times
14 Thu Mar 2024	48.94	50.31	50.39	48.49	1.985 times
13 Wed Mar 2024	50.67	50.44	51.55	50.42	0.941 times
12 Tue Mar 2024	50.73	51.87	51.87	50.72	0.922 times
11 Mon Mar 2024	52.16	52.24	52.79	52.06	0.702 times
08 Fri Mar 2024	51.84	52.82	52.95	51.55	0.573 times
07 Thu Mar 2024	51.82	52.25	52.61	51.55	0.756 times
06 Wed Mar 2024	51.50	51.56	52.44	50.27	0.888 times
05 Tue Mar 2024	51.46	49.14	51.49	49.14	1.137 times
04 Mon Mar 2024	49.13	50.70	51.80	48.94	1.32 times

Stock of Independent Bank (INDB) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.3, but if it comes above 50.3, then a intra day buy could be more profitable.
If you take a sell trade below 50.3, then use 50.3 as stoploss and 48.9 as target. However if you take a buy trade in stock , then use 50.3 as stoploss and 51.58 as target.

Share price targets for Independent Bank (INDB)

Target Type	Value
Downside Target	48.49
Upside Target	50.10
Upside Target	52.06
Upside Target	53.96
Upside Target	54.99
Upside Target	55.79
Upside Target	55.93
Upside Target	57.44
Upside Target	58.17
Upside Target	66.65
Upside Target	68.75

Intraday share price targets for Independent Bank (INDB)

Target Type	Value
Downside Intraday Target	48.02
Downside Intraday Target	46.1
Upside Intraday Target	52.32
Upside Intraday Target	54.7
Upside Intraday Target	50.4

Weekly technical analysis of Independent Bank (INDB)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	49.93	52.24	52.79	48.49	1.889 times
08 Fri Mar 2024	51.84	50.70	52.95	48.94	1.743 times
01 Fri Mar 2024	50.95	52.20	53.12	50.54	1.186 times
23 Fri Feb 2024	52.56	53.11	53.96	52.06	0.46 times
16 Fri Feb 2024	53.76	53.15	54.99	50.10	0.923 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Independent Bank (INDB)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	49.93	51.77	52.95	48.49	0.751 times
29 Thu Feb 2024	52.17	56.69	57.44	50.10	0.992 times
31 Wed Jan 2024	56.09	65.12	66.65	55.93	1.007 times
29 Fri Dec 2023	65.81	56.60	68.75	55.79	1.354 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Independent Bank (INDB)

Price action analysis of Independent Bank ( (INDB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Independent Bank ( (INDB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Independent Bank stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Independent Bank in short term but the buy signal is initial and weak.

Independent Bank Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Independent Bank in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Independent Bank is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.35 and Independent Bank (INDB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Independent Bank (INDB) stock. Volume based technical analysis of Independent Bank (INDB) stock is negative.

Independent Bank Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.